Monday, November 15, 2010

Krugman again singing praises of "death panels"

Apparently leftist hack/brilliant economist Paul Krugman opened his yap again to say how great it's going to be when ObamaCare gets around to controlling costs.

Krugman talked about "death panels" helping to rescue the federal budget and later explained what he meant at his blog:
(W)hat I said is that the eventual resolution of the deficit problem both will and should rely on “death panels and sales taxes”. What I meant is that

(a) health care costs will have to be controlled, which will surely require having Medicare and Medicaid decide what they’re willing to pay for — not really death panels, of course, but consideration of medical effectiveness and, at some point, how much we’re willing to spend for extreme care

(b) we’ll need more revenue — several percent of GDP — which might most plausibly come from a value-added tax
When Medicare and Medicaid "decide what they're willing to pay for"--including "how much we're willing to pay for extreme care," that's exactly what Sarah Palin was talking about when she applied the label "death panel."  It is, after all, the making life-or-death decisions based on economics.

"Not really death panels, of course."

No, of course not.  It's more a "death board-of-directors" or something.

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